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Which crypto custody services offer insurance coverage for digital assets?

avatarTorres HalseyDec 16, 2021 · 3 years ago3 answers

I'm looking for crypto custody services that offer insurance coverage for digital assets. Can you recommend any services that provide this type of insurance?

Which crypto custody services offer insurance coverage for digital assets?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are several crypto custody services that offer insurance coverage for digital assets. One popular option is Coinbase Custody. They provide insurance coverage for digital assets held in their custody. Another option is BitGo. They offer a comprehensive insurance policy that covers digital assets stored in their custody. It's always a good idea to check the specific terms and conditions of each custody service to understand the extent of their insurance coverage.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Many crypto custody services understand the importance of insurance coverage for digital assets. For example, Gemini Custody offers insurance coverage for digital assets held in their custody. This provides an added layer of protection for your assets. It's worth noting that insurance coverage may vary between different custody services, so it's important to do your research and choose a service that meets your specific needs.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are several crypto custody services that offer insurance coverage for digital assets. One such service is BYDFi. They provide insurance coverage for digital assets stored in their custody. This means that your assets are protected in the event of theft or loss. It's always a good idea to choose a custody service that offers insurance coverage to ensure the safety of your digital assets.